Spruce Pine, NC Home Values & Market Trends

Real estate market trends reflect that there have been 177 transactions over the past year in Spruce Pine. The median value for residential home transactions that occurred over the previous year is $363,865. The number of current listings in Spruce Pine is 158, and the percentage of properties for sale in the city is 158.00%. Spruce Pine, NC currently has 7 properties in foreclosure, 3 bank owned properties, 1 properties headed for auction, and 158 properties for sale.

Spruce Pine, NC Real Estate Market Overview

ZipMedian Est. Value
28777

$ 363,865

$ 228/sqft

Housing Market Summary for Spruce Pine, NC

Sep 2025September 2026Change
Median Listing Price$374.8K$377.3K0.67%
Median Sold Price$212.8K$276.4K29.91%
Homes For Sale10115856.44%
Homes Sold9379-15.05%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Spruce Pine, NC

Spruce Pine home values range from $35,000 to $1,350,000. The median estimated value of a home in Spruce Pine is $363,865. The median list price of a home is 369,999.5, and the total count of properties in the city is 259.

Foreclosure
There is 1 zips within Spruce Pine, NC; within this zips, the median estimated home value for homes in foreclosure ranges from $423,120 in 28777 to the lowest value of $217,270 in 28777. Foreclosure homes account for 2.00% of properties in Spruce Pine, NC with 28777 containing 7 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 1.16% of all residential properties in Spruce Pine, NC with 28777 containing 3 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Spruce Pine, NC; of that zips, the estimated home value for pre-foreclosure homes ranges from $322,066 in 28777 to the lowest home value of $217,270 in 28777.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Spruce Pine, NC ranges from the highest value of $423,120 in 28777 to the lowest value of $252,868 in 28777. Bank owned homes and properties account for 1.16% of properties in Spruce Pine, NC. There is 1 zips within Spruce Pine, NC; 28777 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    28777 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Spruce Pine, NC. Auction homes and other auction properties account for 0.39% of all properties in Spruce Pine, NC. There is 1 zips within Spruce Pine, NC; of that zips, the median estimated home value for homes going to auction ranges from $0 in 28777 to the lowest value of $0 in 28777.
Homes for Sale
Homes and properties that are actively listed for sale account for 61.00% of residential properties in Spruce Pine, NC with 28777 containing 158 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Spruce Pine, NC; homes for sale in that zips, have a range of median values from $1,350,000 in 28777 to the lowest value of $44,314 in 28777.
    Sold Homes
    The median value for recently sold homes ranges from $959,000 in 28777 to the lowest price of $35,000 in 28777. There is 1 zips within Spruce Pine, NC. 28777 has 87 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 33.59% of properties in Spruce Pine, NC.

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      Guide for Spruce Pine, NC

      Foreclosure
      North Carolina Foreclosure Laws
      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      See More Articles
      North Carolina Foreclosure Laws
      Foreclosure|posted 6 June 2019

      North Carolina Foreclosure Laws

      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.